BlogUK exports to EU have widened to an £89bn. deficit - The EU clearly needs us far more than we need them.

UK exports to EU have widened to an £89bn. deficit - The EU clearly needs us far more than we need them.

UK exports to EU have widened to an £89bn. deficit - The EU clearly needs us far more than we need them.

Author: Michael Wrench

Added 1 year, 2 months ago.

It is clear why Europhiles keep on scaremongering - every day more reasons emerge why Britain should leave the EU as soon as possible.

 

New figures show that for the second consecutive year our sales to EU countries lagged behind exports to the rest of the world.

 

I have always pointed out that Britain buys more from the EU than they do from us and figures from the Office for National Statistics show the EU accounted for just 47% of British exports last year, compared to 62% in 2006.

 

Official figures include goods shipped via European ports to countries outside the EU; without this so-called 'Rotterdam Effect' distortion they would be even lower.

 

The gap between EU and non-EU exports has grown from £1.7bn in 2014 to £17bn last year. Every set of trade figures reveal that the EU is declining in importance to our economy and is a failing trading bloc.

 

UK exports to EU have widened to an £89bn. deficit - The EU clearly needs us far more than we need them.

 

Free from the shackles of Brussels we can make our own trade deals, reactivate our seat at the World Trade Organisation and strengthen our ties with our Commonwealth family.

 

Major boost for 'Leave' campaign as UK exports outside Europe soar

In a sign that the UK could prosper if it quit Brussels, official figures showed that Britain bought far more from EU countries than they bought from us – with the gap at an all-time high of £89billion

www.dailymail.co.uk



0 Comment(s)

Be the first to comment on this blog!

Leave a Comment


Simple BBcode supported, more info here.

Homepage Link / Website: (Optional):

Please enter the text shown on the image. (Proof that you're not a robot)
Please type in the value of this image
Refresh Image


(Please note that your comment may first be submitted for approval before being added to this page)